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Why Whole Foods' plan to open a cheaper store could backfire

2015-06-05 13:59:30| Grocery - Topix.net

Whole Foods could also face a challenge keeping rent and labor costs low enough to make the "mini-me millennial" stores profitable, according to the note. Based on what little we know, it sounds pretty similar to Trader Joe's, which sells a curated selection of private-label foods at cheap prices.

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